Move over Rover, Vulcan overtakes Petsmart

According to Forbes magazine, Vulcan Materials moved up a spot in the S&P 500, when ranked by market capitalization. It edged out Petsmart for the 413th largest company on the ranking.

The business journal notes that market capitalization allows for a true comparison of value attributed by the stock market to a company’s stock and allows an “apples-to-apples” comparison of the value of various stocks.